Page 9 - March Fed News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Mortgage rates are in the midst of a bit of a winning streak, but it's about as small and as neutral as winning streaks get.  Today was the third day in a row where the top tier, conventional 30yr fixed rate was at least as good a the previous business day.  The catch is that there's not much difference between today's rates and the recent peak from 4 days ago.   There's been a lot of momentum behind the notion that rates will continue to fall in early 2024 after dropping sharply in late 2023.  In...

Last week Share prices resumed its upward trend last week as the main index almost touched the 6,700-point mark on China’s stimulus measures and higher-than-expected US economic growth in the fourth quarter last year. The benchmark Philippine Stock Exchange index gained 182.55 points to close at 6,686.09 points. The main…

The past week in the financial markets was a blend of the anticipated and the unforeseen, creating a cloud of indecision among traders. Central bank decisions by ECB, BoC, and BoJ unfolded largely as anticipated. But BoJ's slightly hawkish communication provided a temporary lift to Yen. Despite ECB President's cautious stance, traders continued to bet heavily on an imminent ECB rate cut, pressuring Euro.

Global growth is set to stay resilient this year and only pick up pace a bit in 2025, according to a Reuters poll of economists, a stable outlook at odds with still-relatively aggressive interest...

Pound Sterling Today: Central Bank Expectations Key Short-Term Risk